Infrastructure
Credit market complacency
The structured credit market has come under the scrutiny of regulators fearful that a credit downturn will bring significant systemic risk to the global financial markets. Participants in the credit derivatives market are, for the most part, nonplussed…
The evolution will be analysed
Structured Products
JP Morgan recommends changes to Basel II NPR
JP Morgan Chase has set out to US regulators what it considers to be the main operational concerns over the interagency notice of proposed rulemaking (NPR) to implement a new risk-based capital framework based on Basel II.
Celent publishes new Mifid impact study
Post-trade reporting and market data provisions will be the first areas affected by Mifid, says Celent.
Microsoft and partners to offer “Mix and Match” Mifid solutions
Microsoft and its partners have launched a new package of solutions to help firms comply with the main challenges of the Markets in Financial Instruments Directive (Mifid).
Energy dominates Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address, but experts question whether they are realistic.
Project Boat selects business and technology partners
Project Boat selects Cinnober Financial Technology as technology provider and Markit Group Limited as business partner.
Italian regulator to use CDS data
Interdealer broker GFI has started providing credit default swap (CDS) data to the Commissione Nazionale per le Società e la Borsa, the Italian securities market regulator (Consob)- possibly for market surveillance purposes.
FSA warns Mifid could increase market abuse and announces new financial crime division
The UK Financial Services Authority warns that Mifid could make it more difficult to monitor market abuse.
TPI hires Dearie to expand OTC data feeds
British market data provider Tullett Prebon Information (TPI) has appointed Chris Dearie to the new role of head of global direct feeds.
APM gains first owner in western US
ACES Power Marketing (APM), a wholesale energy risk management and transaction execution service company, has gained its first owner in the western US, as it continues to expand its service base in California and the west.
IIC launches bond indexes
Frankfurt-based International Index Company (IIC) has launched the iBoxx Euro High Yield Index Family. The indexes provide benchmarks for the sub-investment grade fixed income market for euro-denominated corporate bonds. They can also be used as…
Saxo launches retail algorithmic trading tool
Saxo Bank, the Danish investment bank, will roll out an algorithmic trading product specifically designed for retail clients within the next three months.
Italian regulator to use CDS data
Interdealer broker GFI has started providing credit default swap (CDS) data to the Commissione Nazionale per le Società e la Borsa, the Italian securities market regulator (Consob)- possibly for market surveillance purposes.
JP Morgan to offer interest rate options via Bloomberg
JP Morgan will offer its clients the ability to trade over-the-counter interest rate options on Bloomberg's trading platform.
Allegheny Power proposes Maryland plan
Allegheny Power, the electric delivery subsidiary of investor-owned utility Allegheny Energy, has proposed a rate stabilisation and transition plan for its Maryland residential customers.
Allocation, allocation, allocation!
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